NEXTEL Message Board - Msg: 15224466

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Technology Stocks : NEXTEL

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To: Rono who wrote (9723)	1/22/2001 2:17:31 PM
From: Bux	Read Replies (1) of 10227

Rono, can you comprehend simple English? This is what I said: I thought Nextel bowed out of the recent spectrum auctions early without spending a penny, already had enough spectrum to meet their four-year business plan. Hmmmmmm.... Now how is that any different from what you claim: You thought wrong Bux. Nextel has current capacity for 4 to 5 times times existing customer base or 25 to 30 million users. O.K., I said I thought they had enough spectrum to meet their four-year plan, you say wrong, they have enough capacity for 4 to 5 times the existing customer base. Are you saying that they don't have enough spectrum to meet their 4 year business plan or that they have enough to take them well beyond 4-years? Or are you just disagreeing because you like to disagree with me? In either case, the question still stands. Why do they need to raise yet another $1.2 Billion (with a capital "B")? They claim it is to "expand" their network and pay off other debt. Didn't they sell $2 Billion in junk bonds in December of 1999? Now another $1.2 Billion? And they are paying 9.5% interest? Ouch! Bux

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